About this episode
Mikey and Michael discuss the current housing market dynamics and why it differs from 2008.
Mortgage rates just hit around 5.99%. Existing home sales hit a nine-month low. A lot of people see those two numbers and assume the market is dead, but that may not tell the full story. Mikey and Michael break down what some are calling the biggest buying window in years, the hidden cost of waiting, and why today’s market may look very different from 2008.. They unpack the shifting trends between Sun Belt and Rust Belt markets,, a $68M Chicago office building that just sold for $4 million, and the wild loop where pension funds are funding the rent hikes on their own apartments. Plus: why AI-staged listing photos are turning into bait-and-switch, and what real estate agents may need to do to maintain buyer trust. If you’ve been waiting to buy, this episode explores the pros and cons of timing the market. This content is for informational purposes only, is not offered as investment advice and should not be deemed as investment advice, and reflects the opinions and projections of COMMUNE as of the date of publication, which are subject to change without notice at any time subsequent to the date of issue. COMMUNE does not represent or warrant that the information presented in this…
People in this episode
Host: Mikey Taylor
Guest: Michael
Topics covered
- housing market
- mortgage rates
- real estate trends
- buying window
- AI in real estate
- investment advice
Keywords
- mortgage rates
- home sales
- buying window
- real estate agents
- AI-staged photos
- pension funds
- investment advice
Mentioned in this episode
Organizations: COMMUNE
Places: Sun Belt, Rust Belt, Chicago
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